Ivanhoe Electric Begins Drilling with Ma’aden in Saudi Arabia
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Ivanhoe Electric Begins Drilling with Ma’aden in Saudi Arabia

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Ivanhoe Electric Inc. (IE) has released an update.

Ivanhoe Electric Inc. has initiated a drilling program in Saudi Arabia through a joint venture with Saudi Arabian Mining Company Ma’aden, targeting a chargeability anomaly near Ma’aden’s Al Amar Gold-Copper-Zinc Mine. The rapid progress, less than ten months after equipment arrival, highlights the company’s efficient deployment of its Typhoon™ technology and strong partnership with Ma’aden. This step is expected to accelerate the exploration and discovery of mineral resources in the region.

For further insights into IE stock, check out TipRanks’ Stock Analysis page.

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